392 Second Street
Strathroy-Caradoc (NE), ON N7G 3H8
- —Bedrooms
- —Bathrooms
- —Garage
- —Sq Ft
- $5,739Tax
- 175×401 ftLot Size
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Sale & Price History for 392 Second Street, Strathroy-Caradoc, NE
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 392 Second Street, Strathroy-Caradoc, NE
Summarized Description
- Large 1.62-acre lot in Strathroy-Caradoc.
- Zoned for multi-unit residential development.
- Approved plans for 63-unit building.
- Existing income-generating bungalow on site.
- Strategic location near schools and amenities.
- Growing market in Southwestern Ontario.
- Easy access to Highway 402.
An exceptional opportunity for builders, developers, or investors to acquire a 1.62-acre residential lot in Strathroy-Caradoc now zoned R3-14-H2. The property has a recently approved minor variance for a 3-storey, 63-unit residential building, plus a conditional draft site plan agreement and architectural drawings for a 3 storey 48 unit residential building, which can shorten the path to construction. In the meantime, the property generates income from an existing 2,000 sq. ft. ranch-style bungalow, currently tenanted. This is a rare property in a growing Southwestern Ontario market, about 35 km west of London with convenient access to Highway 402, directly across from Strathroy District Collegiate Institute, Holy Cross Catholic Secondary School and Gemini Sportsplex.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,739
- Land Transfer Tax Fee
- $72,725
Interior Features
- Fireplace/Stove
- No
- Elevator
- No
Building
- Building Type
- Land
Lot
- Lot Front
- 175.44 ft
- Lot Depth
- 401.01 ft
Heating & Cooling
- Water
- Municipal
- Sewers
- None
- Municipality
- Strathroy-Caradoc
- Neighbourhood
- NE
- Main cross streets
- Second St./Adair Blvd.
- Zoning
- R3-14-H2
- Directions
- Across from SDCI
- MLS® number
- X13859276
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-03
- Updated on
- 2026-10-03
- Days on market
- 12 days
- Possession date
- 2026-11-01
- Possession type
- Flexible
- Co-op commission
- 2%+HST
- Seller
- Listed by
- RIGHT AT HOME REALTY
Home Market Value
Current home valuation for 392 Second Street, Strathroy-Caradoc, NE, Strathroy-Caradoc, ON. Listed for $3,450,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 392 Second Street, Strathroy-Caradoc, NE
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$690,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $2,760,000 | $2,587,500 | $2,415,000 | $2,242,500 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $13,476monthly | $12,633monthly | $11,791monthly | $10,949monthly |
Land Transfer Tax
$72,725
$72,725
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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